U.S. Expands Hunt for Tax-Cheats

6/14/2013 4:40PM

U.S. authorities intensified efforts to pry information out of Liechtenstein that could come back to haunt Americans hiding money in tax havens. John Letzing reports from Zurich on the News Hub. Photo: Associated Press.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... us all parties are putting the squeeze on Liechtenstein to take ... a shakeout tax cheats with him on this week on joined by the will Street dolls long lasting ... who is in Zurich ... Sean thank you Brian much for being map ... what exactly ... is the US asking for from Liechtenstein ... well they're made of grain ... the ... request of ... a ... handful ... of them actually ... financial firms are based in Richmond ... you start to the cheer either purple or will it be that tough things like trust their foundation for what ... and the view that the acting ... up with the firm to hand over ... to a doctor with the permission of ... other of the American clients stay at and how much money that has ... until now ... and when looking at all said Nextdoor as well and and Switzerland's ... them what they want to do Mr. this and triangulation him write ... exactly did it take to win and or underwear ... the win which has been a little bit more ... recalcitrant ... when it comes to dealing with us in exposing ... iron ore opening up their bank ... yet that they are about American clients are basically what you're doing is saying look like that I have ... been ... a lot more agreeable ... to ... share with you freaking get much information as we can about Pete the foundation that Americans may have set up their ... I which are set up in in the ... message of how held in content like to ... dance when they get that last time I it ... against us taxpayers ... making triangle and nine according to your story ... detail the faulty is that the tax villages up and and presumably feel sorties the IRS can sweep and Amtech collect this ... tax cheats ... that pretty I did ... they waded out into a Credit fabric the unofficial did that with that what we're going to do ... we're going to ... be able to half of ... their holdings through the foundation ... for the most of them up but but but with the pack ... part of the people have actually filed with the government and ... we're going to be seen whether ... or not have enough ... content ... will we shall say soon enough and thank you Brian much relaxing with the will Street gentle coming to us from Zurich ... thank you